Better Buffalo Fund

The Better Buffalo Fund aims to create vibrant, mixed-use, high-density neighborhoods. It is focused on supporting projects that encourage density and growth along transportation corridors and revitalize neighborhood commercial districts. The Governor has committed $40 million to the Better Buffalo Fund, via $30 million in Buffalo Billion I and $10 million in Buffalo Billion II.

The Better Buffalo Fund offers grants and revolving loan funds through two initiatives - Transit Oriented Development and Buffalo Main Streets. Although funding is offered periodically, funding applications are now closed for the third round of BBF. Click here for more information.

Through three rounds of the program, the Better Buffalo Fund has awarded more than $28 milion to 46 projects. These projects are renovating more than 622 residential units and more than 320,000 square-feet of store front and commercial space, while also leveraging over $287.7 million in private investment in the City of Buffalo.

Round Three Awarded Projects

Governor Andrew M. Cuomo announced on June 22, 2018 a total of 11 projects, including five on the East Side of Buffalo, received funding awards totaling $7,780,930 through Round Three of the Better Buffalo Fund. The fund was established to support projects that encourage density and growth along transportation corridors and revitalize neighborhood commercial districts. This third round of funding will help complete the renovation of 172 residential units and more than 130,795-square-feet of storefront and commercial space, while leveraging over $64.26 million in private investment.

Transit-Oriented Development Awarded Projects

Six Transit-Oriented Development awards totaling $6,130,930 in grants and loans.

The Better Buffalo Fund is the primary vehicle under the Buffalo Billion to foster the transformation of the City of Buffalo’s physical environment by improving transportation and revitalizing neighborhoods. With the tremendous expected economic and job growth facilitated through Buffalo Billion initiatives—now numbering thousands of new jobs—the Better Buffalo Fund will ensure people are connected to those jobs.